OPIS Index Price definition

OPIS Index Price means the monthly average of the daily high and low prices per Gallon, for the Month in which delivery occurs, as quoted by OPIS in the OPIS LP-Gas Report for "Any Current Month" volumes in the "Mont Belvieu Spot Gas Liquids Prices" table using: (i) the Non-TET prices for the propane and isobutane NGL Components; (ii) the Other prices for natural gasoline and normal butane NGL components; and (ii) the EP Mix price for the ethane NGL Component.
OPIS Index Price is defined in Section 4.1.
OPIS Index Price means the monthly average of the daily high and low prices per Gallon, for the Month in which delivery occurs, as quoted by OPIS in the OPIS LP-Gas Report for “Any Current Month: AVG” volumes in the OPIS Index identified in Exhibit B.

Related to OPIS Index Price

  • Index Price on a given date shall mean the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies composing the Index Group.

  • Final Index Price means the average of the Index Prices for the 20 consecutive full trading days ending on the trading day prior to the Determination Date.

  • CMT Index Not applicable.

  • SIFMA Index means the Securities Industry and Financial Markets Association Municipal Swap Index, produced by Municipal Market Data, or if such index is not published, then such other index selected by the Treasurer which reflects the yield of tax-exempt seven-day variable rate demand bonds.

  • CPI Index is defined in Section 2.1(c) of this Agreement.